Car Assembly: Imports bill of CKD/SKD kits up in first four months of 2019

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ALGIERS- Algeria has imported USD1.234 billion worth of CKD-SKD kits, destined to car assembly, in the first four months of 2019, against USD1.025 billion over the same period in 2018, up by 20,36 %, the General Directorate of Customs told APS.

 

The amount of imports of SKD collections used in the assembly of light vehicles reached $ 928.07 million during the first four months of 2019, compared to $ 882.44 million in the same period of 2018, an increase of $ 45.63 million (+ 5.17%), said the Department of Customs Studies and Prospects (DEPD).

For their part, imports of SKD collections for the assembly of passenger and freight vehicles also increased by more than 100%, reaching $ 306.64 million in the first four months of 2019, compared to 143 , $ 41 million in the same comparison period in 2018, an increase of $ 163.23 million (+ 113.82%).

This upward trend also affected imports of motor vehicle parts and accessories used for the maintenance of used vehicles, which reached $ 140.10 million against $ 112.80 million, an increase of $ 27.3 million. dollars, or (+ 24.20%).

The amount of machinery and equipment for agriculture was valued at $ 24.07 million, against $ 12.97 million, also up 85.6%, specifies the statistical data of Customs.

Machinery, machinery and equipment for harvesting or threshing agricultural products totaled $ 8.86 million, up from $ 3.46 million, an increase of 155.79%.

On the other hand, imports of machinery for cleaning, sorting or targeting grain or pulses, fell to $ 10.96 million in the first four months of 2019, compared to $ 27.02 million in the same period of 2018 , down more than 59.40%.

This downward trend also affected the tractor import bill, which reached $ 89.17 million, compared to $ 101.93 million (-12.52%).

APS

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